Meltem Demirors: Bitcoin was 'the wrong token' as AI now prices intelligence
- —Demirors: Bitcoin laid the groundwork for AI, but capital flowed to intelligence
- —Nearly every public Bitcoin miner is pivoting to AI and HPC clients
- —She called the network security risk 'very real and valid'
- —Difficulty adjustment can partly absorb the loss of computing power
Why it matters: The migration of mining hashrate into AI compute is a potential long-term risk to Bitcoin's network security and economics.
Source: DiarioBitcoin